About Mitsui Ventures
Mitsui Ventures is a venture capital firm founded in 2001. It is primarily based out of Menlo Park, United States. As of Oct 2012, Mitsui Ventures has invested in 20 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and Telecom. Most recently it participated in the $***** Series E round of Sopogy Overall, Mitsui Ventures portfolio has seen 11 acquisitions including key companies like EKOS Corporation, Beceem and Kovio. A lot of funds co-invest with Mitsui Ventures, with names like Walden International sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 3 more
Portfolio Soonicorns
Mitsui Ventures' List of Top Investments
Mitsui Ventures has a portfolio of 20 companies. Their most notable investments are in GMZ Energy and Kovio.Their portfolio spans across United States and Canada. They have invested in Enterprise Applications, Life Sciences, Telecom and 12 other sectors, across stages such as Series C, Series B and 3 more. Here is the list of top investments by Mitsui Ventures:
1. Solaria
Solar panel warranty support now provided by SunPower, offering comprehensive support for existing systems. They provide resources and technical documents through their online library. Customers, installers, and distributors can direct warranty inquiries and support questions to SunPower. They focus on ensuring continued support and service for solar energy solutions. They offer customer support through their website and phone. They are committed to providing assistance and information related to solar panel systems.
Key facts about Solaria
- Founded Year: 2000
- Location: Fremont (United States)
- Stage: Series D
- Total Funding till date: $271M
- Employee Count: 51 as on Sep 30, 2013
- Investors: Western Technology Investment, Adams Street Partners and 17 Others
- Latest Funding Round: Series D, Jun 10, 2019, $*****
- Highlight: Editors' Pick
Developer of a device for thrombolysis to treat pulmonary embolism. The EkoSonic Endovascular System is used in dissolving clots with its first generation of ultrasound thrombolytic technology. The acoustic energy from the device conditions clots by thinning fibrin, increasing porosity, and creating a pressure gradient that transports clot-dissolving drug deep inside the occluding thrombus. The company's products are used in the treatment of Deep Vein Thrombosis, Pulmonary embolism, and Peripheral arterial occlusion.
Key facts about EKOS Corporation
- Founded Year: 1995
- Location: Bothell (United States)
- Stage: Acquired
- Total Funding till date: $58.8M
- Employee Count: 64 as on May 31, 2026
- Investors: Hercules Capital, Mitsui and 17 Others
- Latest Funding Round: Series D, Jan 28, 2011, $*****
- Highlight: Acquired
3. Beceem
Fabless semiconductor company specializing in the emerging WiMAX market. Beceem was a provider of 4G semiconductors and offered a number of single-chip solutions optimized for mobile devices and wireless broadband markets.
Key facts about Beceem
- Founded Year: 2003
- Location: Santa Clara (United States)
- Stage: Acquired
- Total Funding till date: $110M
- Investors: Global Catalyst Partners, Mitsui and 21 Others
- Latest Funding Round: Series D, Apr 22, 2009, $*****
- Highlight: Acquired
4. Kovio
Kovio a Silicon Valley company, developed a new category of semiconductor products using printed silicon electronics and thin film technology. The company was founded in the MIT Media Laboratory. Kovio was acquired by Thinfilm for an $3.7M in 2014.
Key facts about Kovio
- Founded Year: 2001
- Location: San Jose (United States)
- Stage: Acquired
- Total Funding till date: $122M
- Investors: Northgate Capital, Hercules Capital and 16 Others
- Latest Funding Round: Venture Debt, Jan 02, 2013, $*****
- Highlight: Acquired
5. NetMotion
NetMotion Software provides mobile security and enterprise VPN solutions. Solutions include mobile performance management, mobile VPN software, secure remote access for enterprises. Provides a scalable connection and application-aware and hardware-based VPN solution designed for office, home, or remote location users. Provides visualization tools to manage large workforces from a centralized management console. Use cases include easy scalability for businesses, sharing data, network security, and streamlining device management. The company was acquired by Clearlake Capital Group in 2012 which it sold again sold to The Carlyle Group.
Key facts about NetMotion
- Founded Year: 2001
- Location: Seattle (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $24.7M
- Employee Count: 1 as on May 31, 2026
- Investors: Thecarlylegroup.fr, SilverHaze Partners and 9 Others
- Latest Funding Round: Conventional Debt, Oct 11, 2016, $*****
- Highlight: Acquired
Mitsui Ventures' Investments by Stage
Mitsui Ventures has made 9 investments in Series C stage with an average round size of $19.4M, 4 investments in Series B stage with an average round size of $21.2M, 3 investments in Series A stage with an average round size of $7.33M, 2 investments in Series E stage with an average round size of $12.6M and 1 investment in Series D stage with an average round size of $40M.Stage of entry | No. of Investments |
|---|---|
Series C | 9 |
Series B | 4 |
Series A | 3 |
Series E | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Mitsui Ventures' Investments by Sector
Mitsui Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, Semiconductors, Business Services and Energy. Notably, it has invested in 14 Enterprise (B2B) companies, 13 Tech companies, 7 Software companies and at least 5 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Life Sciences | 4 |
Semiconductors | 3 |
Business Services | 2 |
Energy | 2 |
Others | 17 |
Note: We have considered here, only first round of investments
Mitsui Ventures' Investments by Geography
Mitsui Ventures has made most investments in United States (18), followed by Canada where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 18 |
Canada | 1 |
Note: We have considered here, only first round of investments
Mitsui Ventures' recent investments
Mitsui Ventures has not made any investment in 2026 so far.Here are the most recent investments by Mitsui Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 01, 2012 | United States | Series E | 4943 | [+3] | |
Dec 21, 2011 | United States | Series C | 9551 | [+3] | |
Sep 16, 2010 | United States | Series E | 2436 | [+2] | |
Sep 08, 2010 | United States | Series D | 1116 | ||
May 24, 2010 | United States | Series C | 9482 | [+3] |
Acquired companies in Mitsui Ventures' Portfolio
11 companies from Mitsui Ventures' portfolio have been acquired. The most recent acquisition was NetMotion in May 2021 by Absolute Software for $*****.Here are Mitsui Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 11, 2021 | Dec 20, 2002 | Series B | 9188 | |
Feb 11, 2021 | Oct 24, 2006 | Series C | 8376 | |
Jan 25, 2015 | - | - | 6719 | |
Jun 01, 2014 | Oct 01, 2012 | Series E | 3567 | |
Jan 22, 2014 | Jul 13, 2009 | Series E | 1895 |
Co-investors of Mitsui Ventures
Over the past 26 years, 154 investors have co-invested in Mitsui Ventures's portfolio companies. This includes only funds.
- Invested before Mitsui Ventures: Technology Partners, 180 Degree Capital and 52 others have invested in rounds before Mitsui Ventures. There are 2 companies where Technology Partners has invested before Mitsui Ventures and 2 companies where 180 Degree Capital has invested before Mitsui Ventures.
- Top Co-investors of Mitsui Ventures: 56 investors entered a company along with Mitsui Ventures. These include investors like Walden International (2 companies).
- Invested after Mitsui Ventures: A total of 44 investors have invested in Mitsui Ventures's portfolio after their investments. Top Investors include Mitsui (2 companies), Presidio Partners (1 company) and Kline Hill Partners (1 company).
Recent News related to Mitsui Ventures
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Sopogy, Inc. announces close of Series E funding led by Mitsui & Co., Ltd. – pv magazine Internationalpv magazine•Nov 26, 2012•Sopogy, Mitsui Ventures, SoCalGas, Kolohala Ventures and 2 others
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Kovio Raises $15 Million with Lead Investor Tyco Retail SolutionsPR Newswire•Jun 09, 2011•Kovio, DAG Ventures, Northgate Capital, Pangaea Ventures and 11 others
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Investors hot for Solaria in $65m funding roundBusinessGreen•Sep 13, 2010•Solaria, Adams Street Partners, Cycad Group, Western Technology Investment and 4 others
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LensVector raises $30M for improved autofocus in camera phones | VentureBeatVentureBeat•Feb 04, 2010•LensVector, IVP, Menlo Ventures, SVB and 3 others
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LensVector Raises $30 million - PE HubPE Hub•Feb 04, 2010•LensVector, IVP, Menlo Ventures, SVB and 3 others
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Kovio raises $20 million for chip-printing technology for tiniest radios and sensorsVentureBeat•Jul 13, 2009•Kovio, Bessemer Venture Partners, JVP, Panasonic Ventures and 10 others
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DiObex, a metabolic disease treatment co., raises $24M | VentureBeatVentureBeat•Apr 16, 2007•Diobex, Inventages, Mitsui Ventures, Pac-Link and 3 others
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DoOnGo Secures $18 Million in Funding | Business WireBusiness Wire•Jan 12, 2004•InnoPath Software, VantagePoint Capital Partners, CDIB Capital, Vertex Ventures and 1 other
